A shopkeeper bought a dictionary for Rs. 162 and sold it for Rs. 200. What is his profit ?
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Answered by
1
Answer:
Rs. 38
Step-by-step explanation:
Cost price of the dictionary= Rs. 162
Selling price of the dictionary= Rs. 200
Since ,
SP > CP
Therefore ,
Profit = SP - CP
= Rs. 38
Profit Percentage = Profit ÷ CP × 100
= 38 ÷ 162 × 100
= 22.6 %
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